Commercial Real Estate in South Huron available for sale
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Live-Work Space for Sale in South Huron

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South Huron Live-Work Space for Sale

More details for 37 Ontario St N, Lambton Shores, ON - Office for Sale

37 Ontario St N

Lambton Shores, ON N0M 1T0

  • Office/Retail for Sale
  • $1,450,000 CAD
  • 9,000 SF
  • 1 Unit Available
  • Air Conditioning

Lambton Shores Office for Sale

**ATTENTION INVESTORS** scoop up an easy 6 CAP with this hassle free GRAND BEND income opportunity just steps to the 3rd best beach in Canada & situated in a high traffic location in one of the fastest growing rural towns in the country! Attention investors in search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT 3-UNIT/TRIPLE TENANT commercial condo provides reliable fixed term income across 3 separate units generating just over $90K per yr collectively on 3 separate term leases, all NET NET agreements, with the healthy TMI/CAM (an additional $61K + UTILITIES) leaving the owner with ZERO expenses per yr! As most savvy income-minded investors are aware, successful business tenants in a growing community are likely a safer bet than equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 36 months, all simultaneous to more & more families & younger generational buyers migrating to the beach for year round living! Bottom line, the smart money is recognizing this trend & its here in Grand Bend. During the past 4 years alone, there has been approximately 10 X more capital invested on individual property sales for development & investment purposes on commercial & mixed use properties in Grand Bend than the total amount spent on such land & buildings in the previous 20 yrs COMBINED! Why is all of this so crucial for a commercial income property like this one? Because, these trends result in stronger customer bases for the year round commercial tenants at this excellent location! And w/ commercial tenancy, landlord's upkeep responsibilities are minimal + the Commercial Tenancies Act is more landlord friendly than the RTA! This offering provides easy low hassle income in a prime spot w/ everlasting visibility directly across from the Tim Horton's drive thru! Plus, the potential 2 new EV chargers (currently in the approval phase) could generate even more income! 10+ all around!

Contact:

Royal LePage Triland Realty

Date on Market:

2025-03-05
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LoopNet Canada Ontario Live-Work Spaces For Sale in South Huron, ON, Canada

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Live-Work Spaces for Sale in South Huron

View All Available Listings
How many live-work spaces are available for sale in South Huron?
There are currently 1 live-work spaces available for sale in South Huron, offering a unique opportunity for businesses to establish a presence.
How big are the live-work spaces available for sale in South Huron?
The average size of live-work spaces available for sale in South Huron is about 9,000 SF. The largest live-work spaces available to buy is 9,000 SF and the smallest is 9,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for live-work spaces in South Huron?
The average market cap rate for live-work spaces for sale is about 6.00% based on data provided in South Huron. Learn more about how cap rates are calculated.
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